(Reuters) -U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of urgency to cut interest rates, but also nothing to rule out the likelihood of rate reductions starting later this year. That was the view from financial markets and analysts following a government report on Friday that showed inflation rose last month...

(Reuters) - U.S. equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year. LSEG data showed a withdrawal of $1.2 billion from U.S. equity funds, though the figure was less than the previous week's, as optimism over solid corporate earnings, especially from major tech firms, provided some...

09:22 AM EDT, 04/26/2024 (MT Newswires) -- The US dollar resumed its climb against many trade partner currencies in early North American trade on Friday after a brief stumble following data showing that the Federal Reserve's preferred measure of inflation in March met economist expectations. Core PCE prices excluding food and energy rose by a steady and unchanged 0.3% in...

(Reuters) -The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at its March 19-20 policy meeting, and officials continued to anticipate approving three quarter-percentage-point rate cuts by the end of 2024. Before policymakers begin to ease borrowing costs, they say they want to see more data confirming that inflation is returning to the U.S....